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UK, Oman Set to Enter Bilateral Investment Deal

MT Newswires·10/21/2026 05:33:58
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05:33 AM EDT, 10/21/2026 (MT Newswires) -- UK and Oman are poised to sign an agreement on Wednesday to boost two-way investment between the parties, according to a same-day release. The deal will build on the existing UK-Oman Sovereign Investment Partnership, struck in 2022. It is expected to enable over 1 billion pounds sterling in new investment across key sectors, including renewable energy, technology, critical minerals, space, healthcare, and financial services. Amid plans for closer cooperation across security, defense, and trade, the two nations are also anticipated to enter into a memorandum of understanding for maritime cooperation and knowledge exchange with the Omani Maritime Security Centre.